MILKY WAY, April 1. Lin Industrial has announced it raised 10 mln of Galactic Credit Units during its next round of investment. The funding was received from a major alien industrial investor, whose name is not disclosed. "He has long been interested in space and is #29 on the Orion Arm's Wealthiest Humanoids list", — says Alexey Kaltushkin, the company CEO.

This funding from the investor will help establish new trade routes in our arm of the Galaxy. This goal will be achieved by Lin Industrial thanks to creating an antimatter powered starship.

Lin Industrial continues building a supersonic flying testbed - rocket for testing our launch vehicle control system at supersonic speeds. Earlier we told that the engine for supersonic rocket has been tested, now we tell about the flight control surfaces of the future flying testbed.

We told already that for test rockets and parts manufacturing we use 3D modeling KOMPAS-3D software by Russian ASCON company, as well as a 3D printer. Today we show by an example the way such rapid prototyping works.

Russian companies ASCON and Lin Industrial agreed to continue their cooperation. ASCON provided the Skolkovo startup with a 3D modeling system KOMPAS-3D software license for 2016, including various additional applications, and LOTSMAN:KB for automation of engineering management and design documentation release management.

Nikolay Dzis-Voynarovskiy, Chief Integration Officer at Lin Industrial, will speak at the conference during InSpace Forum 2016 exhibition dedicated to private spaceflight. Our company will be represented at the booth of Skolkovo Space Technologies and Telecommunications Cluster.

InSpace Forum 2016 will be held in March 3–4 in Moscow, at Sokolniki Exhibition and Convention Centre, in pavilion 7A.

On January 22, 2016 we tested the first carbon composite tank, manufactured for Lin Industrial by IVIM company. We have already told about the tank. It is much smaller than rocket tank, because it is only needed to fine-tune the technology.

Lin Industrial continues building a rocket to test the CS at supersonic speeds (currently it is flight tested at subsonic). In late December a successful flight was made by SVZ-1 rocket, which is to be the base for building a supersonic rocket, while on January 6, 2016 Lin Industrial tested a new solid motor.

MDT solid motor with thrust of about 8 kgf (~80 N) burned at the static testbed for about 19 seconds.

Before the New Year, on December 29 our rocket for testing the control system prototype made its flight. At Lin Industrial we traditionally call it "flying testbed", because the rocket has no independent value, but serves for testing the control system.

The rocket was not a modified old design, but an entirely new device. Among the conspicuous differences (except color, of course) — smaller cameras and tail section designed to contain four engines. Due to extra engines the testbed flight can last longer, therefore there is more time to validate the control system.

Today we publish an extended description of the "flying testbed" version 2.0.